Cannabis Movers & Shakers: Columbia Care, Affinor Growers, Open Book Extracts, Trait Biosciences, WM Technology, CBD Health Club, MedMen, TGOD, Cann American
Columbia Care Welcomes Former Green Leaf CEO And Co-Founder Philip Goldberg To Board
The Week In Cannabis: Justice Clarence Thomas, Mexico’s Decriminalization, Apple’s Policy Changes, Tilray And More
Below is a recap of the main news related to the cannabis industry and markets for the week of June 28, 2021.
Global Cannabis Stocks Decline 8.7% in Q2, Agrify, KushCo Among Strongest Cannabis Names In June
The Global Cannabis Stock Index fell for the fourth straight month, dropping 4.1% to 57.10.
During the second quarter, the index was down 8.7%.
After gaining 5.2% in 2020 when it ended at 44.39, the index is up 28.6% in 2021 and has gained 94.2% over the past year.
The index dropped 38.3% from its 2021 closing high of 92.48 on February 10.
Columbia Care Strengthens Its Position In Ohio Via Acquisition Of Four Dispensaries Run By CannAscend
Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) confirmed Friday it has completed the purchase of Ohio-based CannaAcend, acquiring fou
Cannabis Co. On The Move: Columbia Care Fuels Its Growth With $74.5M Raise Through Private Placement Offering
Cannabis company Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE:3LP) has raised $74.5 million through a private placement offering of 6% secured convertible notes.
The Week In Cannabis: Federal Drug Decrim, Connecticut, Louisiana, Big M&A Moves And More
U.S. House Reps Bonnie Watson Coleman (D-NJ) and Cori Bush (D-MO), in collaboration with the Drug Policy Alliance, introduced the Drug Policy Reform Act (DPRA): a bill seeking to end criminal penalties for drugs possession at the federal level.
Cannabis Movers & Shakers: Fyllo, Shelter Cannabis, Khiron, Amfil Technologies, Creo, Willow Industries, Charlotte’s Web
Fyllo Taps Wes Chaar For Its Leadership Team
Cannabis technology platform Fyllo has appointed Wes Chaar to serve as chief data and analytics officer.
Cannabis Co. Columbia Care To Raise Up To $74.5M Via Private Placement Offering Of 6% Secured Convertible Notes
Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) is poised to secure up to $74.5 million in financing through a private placement of 6% secured convertible notes.
The Week In Cannabis: Earnings, Financings, M&A, Cookies U, DEA, DJ Khaled, And More
In an earnings-heavy week, cannabis stocks experienced considerable volatility.
The Week In Cannabis: Trulieve’s $2.1B Acquisition, New ETF, Earnings, Federal Legalization And More
In a week of big M&A news and mixed earnings reports, cannabis stocks traded mostly down.